Just wanna ask a question: for frxETH:stETH pool, is the

Question

Frax Finance

AnT

Just wanna ask a question: for frxETH:stETH pool, is the

main reason for 8:2 imbalance to farm more rebase reward from stETH? Apart from that what are other reasons for it?

#cryptocurrency #english #frax

0

09.08.2023

2 ответов

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AnT Автор вопроса

Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)
https://twitter.com/asxn_r/status/1688489421933363...

Yea I read all: “the design of the imbalance was specifically done so that whenever there is an imbalance, Frax would slightly push up the bribes to incentivize more people to put more ETH into that pool.” Is it the case? So that means more bribes will be allocated to pools to adjust the imbalance (I thought it’s mainly done by AMO tho)? My guess is the imbalance lowers the cost of maintaining the peg, since there will soon be ETH redemption and the pool does not need so much ETH to manage the outflow via those pools 🤔

0

09.08.2023

Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049) · Accepted Answer

Andy - IQ & Frax Finance 🧠 (Slow Replies @ T2049)

https://twitter.com/asxn_r/status/1688489421933363202?t=0s98sVTwnA84pgKb_7JnCg&s=19 https://t.me/fraxfinance/273841 https://t.me/fraxfinance/273839

0

09.08.2023

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